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Compiling comments that experts make about stocks while on public TV.

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2012-07-12

Opinion for BMO Covered Call Utilities ETF (ZWU-T)

Signal Price Bias Subject Owned
COMMENT $14.980 OPTIMISTIC PERSONAL FINANCE & ETFs Unknown

Are covered Call ETF’s any good, will they fluctuate or be fairly steady? For many people in reasonable doses makes some sense. Doesn’t love or hate covered call ETF’s. The income that you get from covered calls is regular taxable income and taxable at your top marginal rate. If there’s a big run up, you forgo some of that gain.

John DeGoey
VP & Assoc Portfolio Mgr, Burgeonvest Bick Securities

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1 Comment

mrgreat

October 30th 2012 at 1:45am

The income received from covered calls is taxed as income?!

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